2024 TOP to BND Historical Review

YEARLY HIGH

0.5757 BND

YEARLY LOW

0.5489 BND

YEARLY AVERAGE

0.5641 BND

2024 TOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.5757. Conversely, the yearly low was recorded on September 26, dropping to 0.5489.

This high-to-low spread represents a total annual volatility of 0.0268 BND. From a start-to-finish perspective, comparing the January average rate of 0.5668 to the December average rate of 0.5638, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5757 was up 0.13% compared to the 2023 peak of 0.5750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 2,878 BND

2023 Average 2,842 BND

Yearly Trough Low 2,745 BND

Transaction Impact: A difference of 133.88 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5751

0.5509

JanuMarcMayJulySeptNove

TOP to BND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5689, compared to 0.5593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.5689

H2 Avg (Jul–Dec) 0.5593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0123 BND (High: 0.5748 / Low: 0.5626). On the other end, June was the most stable month, with a tight range of 0.0043 BND (High: 0.5757 / Low: 0.5714).

July Spread (Volatile) ±0.0123

June Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0125 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5731) against the same month in 2023 (average: 0.5707), the exchange rate shifted by +0.0024 (+0.42%).

2024 Avg (June) 0.5731

2023 Avg (June) 0.5707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5707	0.5647	0.5668
February	0.5698	0.5618	0.5679
March	0.5706	0.5622	0.5660
April	0.5720	0.5631	0.5688
May	0.5729	0.5658	0.5706
June	0.5757	0.5714	0.5731
July	0.5748	0.5626	0.5689
August	0.5617	0.5516	0.5565
September	0.5596	0.5489	0.5529
October	0.5575	0.5513	0.5546
November	0.5630	0.5532	0.5589
December	0.5693	0.5584	0.5638